2125 Hwy 101, Lincoln City, OR

$750,000

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1

Bed

Baths

3,534

Square feet

0.11

Acres

About 2125 Hwy 101

Welcome to a remarkable opportunity in the heart of NW Lincoln City! This commercial gem boasts an impressive 95 feet of highway frontage, perfectly positioning it on the west side for unparalleled visibility and convenience. With ample off-street parking, this remodeled building, upgraded in 2021, presents an enticing investment opportunity. Zoned as General Commercial and currently operating as a retail store, this property offers numerous desirable features including two expansive roll-up doors, ample storage space, and the potential for income generation through short-term or full-time rentals. The lower level's charming apartment setup adds to its appeal, making it a perfect live-work space or an attractive rental option.Intriguingly, this property offers a "BOGO" opportunity: run a business on the upper level while living in or renting out the lower, or expand your business operations with ease. With its superb condition, open layout, and convenient access to retail space, this commercial building is poised to accommodate a variety of ventures seamlessly. It's important to note that while the business and inventory are not included in the property sale, the furnishings in the apartment can remain, adding an extra layer of convenience for prospective buyers. For those eager to explore this exceptional property, showings are available by appointment only, ensuring a smooth process without disrupting the current tenants during business hours. Buyer to do their own due diligence with the Lincoln City planning department to verify uses.

Features of 2125 Hwy 101

MLS® # 24-281
Price $750,000
Bedrooms 1
Bathrooms 1.50
Square Footage 3,534
Acres 0.11
Year Built 1950
Type Commercial
Status Active

Community Information

Address 2125 Hwy 101
Area Lincoln City NW
Subdivision Ocean Lake
City Lincoln City
County Lincoln
State OR
Zip Code 97367

Amenities

Parking Spaces 4
# of Garages 1
Garages Attached
View None
Is Waterfront No

Interior

Interior Features Microwave, Refrigerator
Heating Electric
Has Basement No

Additional Information

Date Listed February 17th, 2024
Zoning GC - General Commercial
Short Sale No
RE / Bank Owned No

Listing Details

AgentHannah Katz
OfficeColdwell Banker Professional Group - Lincoln City

Listing Map

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